6 Aug 2007
TING KAM YUEN v. VIATECH ENGINEERING LTD AND ANOTHER
- Citation
- TING KAM YUEN v. VIATECH ENGINEERING LTD AND ANOTHER
- Court
- District Court
- Case number
- DCEC246/2004
The court held that R2 is entitled to full indemnity from R1 under s.24(2) including costs and interest, but exercise of the court’s discretion warranted staying execution of the indemnity order because there was a substantial unresolved insurance coverage dispute with Ming An, Ming An had effectively conducted R2’s defence and was a de facto party, and the circumstances made a stay just and convenient; the stay was granted subject to R1 filing a claim against Ming An within 42 days and payment of interest at half the judgment rate during the stay.